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Mar 19, 2013
03/13
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KRON
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worries about a controversial bailout -- and a bank tax in cyprus kept investors on edge. here are today's closing numbers. the dow fell 62 points. the nasdaq dropped 11 points. and the s-and-p fell eight points. the vatican has released details of the pope's installation mass tomorrow.. it will be a simpler version of the 2005 ceremony for pope benedict. more than 132 government delegations will attend. including representatives of christian, jewish, muslim and other faiths. the mass will be at saint peter's square. and is expected to last about two hours. before the ceremony, pope francis will receive the fisherman's ring. made of silver and gold with the image of saint peter. we'll carry the pope's installation mass live -- at one-30 a-m on our 24- seven bay area news channel, comcast 193. or you can watch it streaming online at kron4.com. first soda -- now cigarettes. new york city mayor michael bloomberg is targeting tobacco sales. he wants to require stores to keep tobacco products out of sight unless an adult is buying something.or employees are restocking. the goal
worries about a controversial bailout -- and a bank tax in cyprus kept investors on edge. here are today's closing numbers. the dow fell 62 points. the nasdaq dropped 11 points. and the s-and-p fell eight points. the vatican has released details of the pope's installation mass tomorrow.. it will be a simpler version of the 2005 ceremony for pope benedict. more than 132 government delegations will attend. including representatives of christian, jewish, muslim and other faiths. the mass will be...
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Mar 19, 2013
03/13
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KRON
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worries about a controversy a bailout and a bank tax in cyrrus capt. testers on edge. >> here is a look at the close of numbers. the dow fell 62. . >> the nasdaq dropped 11 points. >> and the s&p fell eight. . >> city group has agreed to pay $730 million to settle a class-action lawsuit that claimed investors were misled by the banks' disclosures when they purchased its debt and preferred stock. investors' purchases were made from may 11, 2006 through november 28, 2008. city group inc. denied the allegations but agreed to the settlement so it could get rid of further expenses and uncertainties that came along with the drawn out litigation. >> a government panel in japan has increased the financial estimate of how much damage a magnitude 9 earthquake caused. the quake centered off the coast of japan struck in march 2011 and caused a massive tsunami that killed nearly 20,000 people. the panel is now saying the damages are estimated at 220 trillion yen . that is 2.3 trillion u.s. dollars. they intend to use the higher damage estimates in drawing up disast
worries about a controversy a bailout and a bank tax in cyrrus capt. testers on edge. >> here is a look at the close of numbers. the dow fell 62. . >> the nasdaq dropped 11 points. >> and the s&p fell eight. . >> city group has agreed to pay $730 million to settle a class-action lawsuit that claimed investors were misled by the banks' disclosures when they purchased its debt and preferred stock. investors' purchases were made from may 11, 2006 through november 28,...
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Mar 23, 2013
03/13
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FOXNEWSW
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. >> paul: you don't object to the government taxing, so-called syntaxiin taxing, say he we want to defer the use of that? >> this is a real problem, it's a vision of government which is supposed to lead citizens to virtue. that's very different. that's not the constitutional vision. we have a free society in which people make choices and then accept the consequenceses of those choices. i would add, by the way, i can think of few measures designed to make cigarettes popular again among young people than to put them behind counters and make them seem elicit and cooler than they ought to be. >> this isn't just mike bloomberg's obsession. it's huge in public policy, how would you want to look at behavior of people, seat belt laws and singapore has a mandatory savings program, we do not. another big example, the board that barack obama set up in the middle of obamacare, the 15 people who in medicare will decide which medical practices work and which ones don't and the whole medical community will be asked to comply with this. the bigger question and that board is is an example, where do you d
. >> paul: you don't object to the government taxing, so-called syntaxiin taxing, say he we want to defer the use of that? >> this is a real problem, it's a vision of government which is supposed to lead citizens to virtue. that's very different. that's not the constitutional vision. we have a free society in which people make choices and then accept the consequenceses of those choices. i would add, by the way, i can think of few measures designed to make cigarettes popular again...
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Mar 24, 2013
03/13
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FOXNEWSW
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid razr maxx hd by motorola. droid-endurance. droid-powerful. >> well, a judge may have ruled against his big soda ban, but new york city mayor michael bloomberg is at it again. the target this time, cigarettes. if the mayor has his way, stores in the city may no longer be able to publicly display tobacco products and instead keep them under the counter or behind curtains. the proposed legislation is the latest crackdown by bloomberg who successfully banned smoking in new york city restaurants and bars in 2003 and has since taken on not just the sugary
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid razr maxx hd by motorola....
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Mar 23, 2013
03/13
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FOXNEWSW
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but lot of state offer tax inaccepttive to intyce business to the state and i'm for lower taxes. then i broke down the numbers. new york state is offering tax credit, not simply tax deductions. estimated at or near 24 a year. i can say the taxpayers of new york would not only not collect any taxes from the "tonight show" they will toll out steps of millions in subsidiaries to nbc. we ask, was nbc, fallon and the crew of rich fat cats need that money? >> bob: are you asking me that question? >> eric: yes. >> bob: sorry. let me -- >> eric: here is the crux of the question. >> bob: i got it. i got it. >> eric: give them free money. >> eric: i don't understand that the states that entice people to production like michigan, is it that they lose money? or don't make money? this is what happens. we give you $24 million but the economic activity that you bring when you come to the city, make up for it that way. >> dana: i think this screams need for tax reform. this is so warped that for cuomo can't get his arms around the fracking issue. issuing the time regulations or whatever law they
but lot of state offer tax inaccepttive to intyce business to the state and i'm for lower taxes. then i broke down the numbers. new york state is offering tax credit, not simply tax deductions. estimated at or near 24 a year. i can say the taxpayers of new york would not only not collect any taxes from the "tonight show" they will toll out steps of millions in subsidiaries to nbc. we ask, was nbc, fallon and the crew of rich fat cats need that money? >> bob: are you asking me...
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Mar 23, 2013
03/13
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CNNW
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there was no new taxes, it would curb spending by repealing obama care and eliminate the deficit in ten years. $4.6 trillion in cuts. zero chance of passing in the democratic-controlled senate, it's dead on arrival. >> lawmakers in the house and senate approved legislation to fund the government through the end of september. that avoids the risk of a partial federal shutdown. in the process, they are on spring break for a couple weeks. what's your take on this? >> my take is the whole financial dysfunction of our congress is mind blow iing. you look at this week. let's say frederick, maryland, where there's air traffic control that will be shut. a tower that was built by the stimulus money. so stimulus money went into this tower. the government saying it's a priority. and the the government because of its dysfunction saying we have to shut is down. that's a perfect representation, i think, of how washington is not doing its job. we can't even pass a budget. it can't even run the books. there's no strategy. when you look at some of the spending cuts, you see a lack of a strategy in ameri
there was no new taxes, it would curb spending by repealing obama care and eliminate the deficit in ten years. $4.6 trillion in cuts. zero chance of passing in the democratic-controlled senate, it's dead on arrival. >> lawmakers in the house and senate approved legislation to fund the government through the end of september. that avoids the risk of a partial federal shutdown. in the process, they are on spring break for a couple weeks. what's your take on this? >> my take is the...
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Mar 22, 2013
03/13
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KRON
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judge in sacramento has tentatively ruled that standards as the 49ers are entitled to $30 million in tax bonds at santa clara voters approved earmarking for this team's new stadium. the ruling came in response to a lawsuit filed by the 49ers. the team did not respond to requests for, because this isn't could still be appealed. the withheld funds are expected to slow construction for the $1.2 billion stadium. it six wow, iw,'ve been claritin clear for 10 days!s! when yenour allergies start, doctdoors recommend taking one non-drowsy claritin every dayy duridung your allergy season for continuous relief. 18 day ds! 17 d17ays!s! 22 days of continuous relief.. liveli claritin clear.r. every erday.y. >> the chief executive of black. maker are items that apple's iphone is outdated. both models are part of our at ibm's attempt to come back at the brand lost its cachet not long after apple's 2007 release of the i don't. but barry says a lack of innovation that apple has leapt iphone users interface and outdated. >> if you want and it was bone, up the blackberry is it. a program reminder, coming u
judge in sacramento has tentatively ruled that standards as the 49ers are entitled to $30 million in tax bonds at santa clara voters approved earmarking for this team's new stadium. the ruling came in response to a lawsuit filed by the 49ers. the team did not respond to requests for, because this isn't could still be appealed. the withheld funds are expected to slow construction for the $1.2 billion stadium. it six wow, iw,'ve been claritin clear for 10 days!s! when yenour allergies start,...
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Mar 21, 2013
03/13
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FOXNEWSW
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critics say the company can't compete with china's cheap costs without tax payer money. it should be going to important things like schools. they haven't met the bench marks required to draw on the $197 million federal loan guarantee. but it wouldn't say what the bench marks are or if the feds will lower the bar in order to help the company survive. >> diane macedo fox news. >>> still ahead, it is an american tradition as old as our country. why is one military institute being forced to cancel the 4th of july. >> there's a new one a much different trend taking place in hollywood. attacking the white house. we will have the details about that straight ahead in the fox light. >> let's check in with bray an kilmeade to see what's going on on fox and friends. >> great show as usual. look at the show we put together for you guys to watch in the green room or maybe even in studio. we are going to talk about the president's 50 hours in israel. rocket fire from the palestinian areas. guess where the president is going? to the palestinian areas. we will show you what the latest w
critics say the company can't compete with china's cheap costs without tax payer money. it should be going to important things like schools. they haven't met the bench marks required to draw on the $197 million federal loan guarantee. but it wouldn't say what the bench marks are or if the feds will lower the bar in order to help the company survive. >> diane macedo fox news. >>> still ahead, it is an american tradition as old as our country. why is one military institute being...
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Mar 18, 2013
03/13
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KQED
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we can improve our tax code by closing all the tax loopholes that we have. that's what the president has been focused on since frankly since i started working for him back in 09. >> rose: do you believe, are you hopeful that somehow the capitol, the dinners the lunches that are taking place that there's somehow a change in the dynamic of the conversation? >> i think the president is willing to try whatever will work. i think that it's a pretty high hurdle he's facing. i say that because the president worked awfully hard because of the congressional leadership to reach a grand bargain. we set as a goal as a number of others have to rules the deficit by 4 trillion dollars over the next decade. we made substantial progress. two and-a-half million. we didn't reach a plan then because speaker boehner decided to go to plan b. if we couldn't get to the bargain then i don't know if it's any easier now. it's hard for me to say what has changed from their calculations. but the president is going to try whatever will work and try to be helpful with this process. >> ros
we can improve our tax code by closing all the tax loopholes that we have. that's what the president has been focused on since frankly since i started working for him back in 09. >> rose: do you believe, are you hopeful that somehow the capitol, the dinners the lunches that are taking place that there's somehow a change in the dynamic of the conversation? >> i think the president is willing to try whatever will work. i think that it's a pretty high hurdle he's facing. i say that...
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Mar 21, 2013
03/13
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FBC
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there's no income tax, no estate tax, but a lot of peep don't like the heat. i'm just saying, you know, maybe people are looking at this wilbur saying there's a lot of high tax states. california is one of them. new york is one of them. tristate, new york city, new jersey, connecticut area, all high tax states. where do we go? that's what politicians count on. >> my guess is he'll be in the sense to bring in more tax than he will lose. i don't think you're going to have vast outbound migration, but i think the question is, did you break safe with the business community when you promise them the temporary tax, people sported it. i don't know very few people in the business community opposed it the first time because we thought, well, he's doing a good job. he's trying to fix it a lot of things in the state budget. if he needs the temporary cover, give it to him, but now to extend it, that reminds me that federal income tax was supposed to be a temporary tax to pay for world world war i, limited to pay for world war i. neil: you're right. stayed on, didn't it? >
there's no income tax, no estate tax, but a lot of peep don't like the heat. i'm just saying, you know, maybe people are looking at this wilbur saying there's a lot of high tax states. california is one of them. new york is one of them. tristate, new york city, new jersey, connecticut area, all high tax states. where do we go? that's what politicians count on. >> my guess is he'll be in the sense to bring in more tax than he will lose. i don't think you're going to have vast outbound...
SFGTV2: San Francisco Government Television
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Mar 25, 2013
03/13
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SFGTV2
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a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know you're coming to herminie. woman: the aroma in 90-degree days... can sometimes just want to knock you over. woman: we have water. we have power, we have gas, but we have no sewage. i guess when they laid out the town years ago, it just all went into the pipes and straight into the "crick." sabljak: i've lived here 43 years in the same house. when i moved here, they told us that sewage would be here shortly. and here it is 43 years later and we still don't have it. my husband and i went to the first meeting. he always said, "boy, i'll never see it in my lifetime." well... my
a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know...
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Mar 18, 2013
03/13
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LINKTV
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president, vladimir putin, has weighed into the financial crisis in cyprus by landing -- branding a plan to tax savers as unfair and dangerous. is cypriot government considering imposing a savings levy of up to 10% as a condition for receiving an international bailout. the president has had to give one of the most difficult speeches of his tenure to convince impede cost to vote for the bailout deal. for to votece him h the bailout deal. >> we are living in the most tragic times since 1974. we have the -- taken charge of a state that is, unfortunately, facing bankruptcy. >> financial experts say many people are still digesting the news to. >> -- the news. >> for me as an economist, the money was still there saturday morning. if you're not watching very very closely, people were very surprised. got hit under 100,000 anyway. that was a bit of a rude shock. i think people are angry and annoyed. 48 hours later, i think people realize -- the president said it very strongly last night. they showed some of the business people on state tv last night. saying, we have no choice, this is all we can do. >>
president, vladimir putin, has weighed into the financial crisis in cyprus by landing -- branding a plan to tax savers as unfair and dangerous. is cypriot government considering imposing a savings levy of up to 10% as a condition for receiving an international bailout. the president has had to give one of the most difficult speeches of his tenure to convince impede cost to vote for the bailout deal. for to votece him h the bailout deal. >> we are living in the most tragic times since...
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Mar 25, 2013
03/13
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MSNBCW
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watch how the irs prepares for tax season. a "star trek" themed parody video starring irs employees was apparently filmed to help train workers at a leadership conference back in 2010 paid for with your tax dollars. >> back in russia i dreamed someday i'd be rich and famous. >> me too. that's why i became a public servant. >> what is it? >> i just received an emergency medical distress call. they're dying down there. some new fangled disease. >> they call it the tax gap. >> tell scotty in engineering to get us back to earth. get ready to beam down. >> shall i wear a ski cap to cover my ear, captain? >> no, your ears are fine but you got to loosen up. that's an order. ♪ >> i mean it's so bad it's not even funny. that's the thing. according to cbs, the irs says the video in a separate skit based on "gilligan's island" cost $60,000 to produce saying it was a bargain saying individual training would have cost millions. it did not respect the best stewardship of our resources. >>> what else is there left to achieve after starring
watch how the irs prepares for tax season. a "star trek" themed parody video starring irs employees was apparently filmed to help train workers at a leadership conference back in 2010 paid for with your tax dollars. >> back in russia i dreamed someday i'd be rich and famous. >> me too. that's why i became a public servant. >> what is it? >> i just received an emergency medical distress call. they're dying down there. some new fangled disease. >> they call...
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Mar 24, 2013
03/13
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MSNBCW
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tax. something that's -- roundly rejected everywhere else in the country. you pay the same amount of tax. i propose a tax system that's far more progressive. >> i don't think we do have a fair -- flat income tax. i disagree with john and p it is progress. >> slightly gradual. >> don't forget, new york city now with the -- with new york state increasing the tax rate p. you are talking about some people paying 54% of their income in taxes. it is pretty high. i don't think that's a big problem. i think we -- one of the things i want -- always point out when i passed the living wage law, giuliani called it forgive sxlus would destroy the economy. nothing happened. minimum -- would need to raise the minimum wage. it has a multiplier effect. it helps -- we are all better off. >> let me play devil's advocate. you are all -- >> while you are doing that can i have a scone? >> yes. >> thank you. >> you are all on the democrats. when we are talking about the solutions and income and inequality, let m
tax. something that's -- roundly rejected everywhere else in the country. you pay the same amount of tax. i propose a tax system that's far more progressive. >> i don't think we do have a fair -- flat income tax. i disagree with john and p it is progress. >> slightly gradual. >> don't forget, new york city now with the -- with new york state increasing the tax rate p. you are talking about some people paying 54% of their income in taxes. it is pretty high. i don't think that's...
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Mar 25, 2013
03/13
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CSPAN2
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adoption of the income tax fundamentally changed the role of the federal government via the states and not generate so much revenue it completely has the states do anything it wants. the 16th amendment, which changed the senators -- these to be elected by state representatives for now by the people as fundamentally change the structure because congress no longer contained representatives of the states as entities. and of course the civil war amendments, 13 or 14 and 15. if anything change the structure was the civil war in the post-civil war amendments. one of the things that kept coming up in the office is what is the meaning of section two of the 13th amendment in section five of the 14th amendment an equivalent language issue with this power shall have the authority to enforce these causes by appropriate legislation. many of the statute's expanding national into it had been based on one of those enforcement causes. the most common in section five of the 14th amendment. i mentioned in my talk that ben professor bork come in the first time he was at a meeting at the white house with p
adoption of the income tax fundamentally changed the role of the federal government via the states and not generate so much revenue it completely has the states do anything it wants. the 16th amendment, which changed the senators -- these to be elected by state representatives for now by the people as fundamentally change the structure because congress no longer contained representatives of the states as entities. and of course the civil war amendments, 13 or 14 and 15. if anything change the...
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Mar 25, 2013
03/13
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FBC
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spending is out of control, just in time for tax season too. the irs made headlines, this time, getting blasted for a dwen training video parodying "star trek." look at this. >> there's money laundering, bribery, running rampant in the street. sir, they are exchanging the lowest coin currency for paper bills. >> you don't mean -- >> that's right, sir, pennys on the dollar. gerri: are they serious? 60,000 of your taxpayer dollars funded that video. this, of course, weeks after another government agency, this time, the usda had a video teaching college kids how to use a microwave. since the sequester, washington agentedded like a 2-year-old throwing temper tantrums making big spectacle cuts. looking like stopping the federal government from spending money is harder than keeping the snow from falling. cut out the spending on junk. that's my two cents more. that's all for tonight's "wig liz report," and thank you for watching. if you can't catch us live, don't forget to dvr the show. have a great night. ♪ lou: the tie any island nation of cypress
spending is out of control, just in time for tax season too. the irs made headlines, this time, getting blasted for a dwen training video parodying "star trek." look at this. >> there's money laundering, bribery, running rampant in the street. sir, they are exchanging the lowest coin currency for paper bills. >> you don't mean -- >> that's right, sir, pennys on the dollar. gerri: are they serious? 60,000 of your taxpayer dollars funded that video. this, of course,...
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Mar 18, 2013
03/13
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FOXNEWSW
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get a tax advantage. for paying not what i call nonessential services. in you come to see me for a common cold you don't want insurance to cover that if you are not the middle class. if insurance covers it your premiums go up. we need more payment out of pocket. what is not reported enough is that is a a lot of countries that have a universal health insurance they have more of a patient having skin in the game and that is what we need here. >> mike: i'm afraid maybe nancy pelosi was right on one thing we will know what is in obama care after we passed it. >> after we suffered from it. >> mike: very well said. doctor marc siegel great to have you here today. a new york cop is facing life in prison for basically having some really sick thoughts like cannibalism. is that the proper sentence for somebody who hasn't actually h hurt anybody else? hurt anybody else? i will discuss the c c c c c living with moderate to severe rheumatoid arthritis means living with pain. it could also mean living with joint damage. humira, adalimumab, can help treat more than jus
get a tax advantage. for paying not what i call nonessential services. in you come to see me for a common cold you don't want insurance to cover that if you are not the middle class. if insurance covers it your premiums go up. we need more payment out of pocket. what is not reported enough is that is a a lot of countries that have a universal health insurance they have more of a patient having skin in the game and that is what we need here. >> mike: i'm afraid maybe nancy pelosi was right...
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Mar 25, 2013
03/13
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CNBC
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and it was a tax shelter. so that's much more important than the sort of interest rate return that you might get. and these places just don't have strong banking authorities, that's the most important thing. >> hey, rich, do you think any of these really lost any money? there were stories of jets pulling up all week last week. it's all a little cozy relationship with russia, but do you think they lost any money? >> that's a great question. look, we all knew, or people who watched cyprus knew they had a long-term issue here. and there were reports of private jets coming in. but there was still a lot of russian cash that was in cyprus, you know, at the time of the blowout. so i think a lot of russians did take their money out, i think that's one reason we're seeing russians buy so much real estate in the united states. some of that money whether it was going to $88 million apartments in new york, i think some of that money came out of cyprus and people took it out in time. >> the russians are mad, right? they're
and it was a tax shelter. so that's much more important than the sort of interest rate return that you might get. and these places just don't have strong banking authorities, that's the most important thing. >> hey, rich, do you think any of these really lost any money? there were stories of jets pulling up all week last week. it's all a little cozy relationship with russia, but do you think they lost any money? >> that's a great question. look, we all knew, or people who watched...
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Mar 26, 2013
03/13
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KQED
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if her spouse was a man, the money would have gone tax free to her. but instead because she was married to a woman she had to pay $363,000 in taxes because the i.r.s. doesn't recognize their marriage. what is the justification far? i think that's a very tough case to defend at this point. i think doma is doomed. i think the only reason is just pure animus, dislike of gay people and i don't think anthony kennedy will sit still for that and i think there are five votes -- forget the whole federalism issue, it's a straight up equal protection argument that you can't discriminate against people like that. >> but if it is, why can the state do that by not recognizing the marriage in the first place? i'm for that but if you take seriously that equality argument jeff, that if she were married to a man she'd get the benefits but not if she was married to a woman, the deep logic argument is same-sex marriage everywhere, i'm for that. but i don't know if justice kennedy is yet. >> but you could write that opinion to limit it just to doma. you're a law professor
if her spouse was a man, the money would have gone tax free to her. but instead because she was married to a woman she had to pay $363,000 in taxes because the i.r.s. doesn't recognize their marriage. what is the justification far? i think that's a very tough case to defend at this point. i think doma is doomed. i think the only reason is just pure animus, dislike of gay people and i don't think anthony kennedy will sit still for that and i think there are five votes -- forget the whole...
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Mar 23, 2013
03/13
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CSPAN
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it was borne by the tax payer. would be the numbers that would be done by the private sector. >> one of the critical things craig has said is we do not have a coordinated response where real using the same standards. you have the official flood maps -- where you are using the same standards. you have the official flood maps that would govern the investments we would make post- disaster. we are trying to use these new maps to ensure it not just fema is using the latest information but across the government we are doing that. and our first block grant noticed we required that any time you are rebuilding more than 50% and you have to use these new maps even if they're not going to be official. we are looking at insurance. on provides insurance lending. we have this new information. we're not rebuilding to a old standard that will cost us more. >> this is how we incentivize people to build in areas that are going to get wiped out. >> thank you for being here. i apologize for being absent during the testimony. i want to
it was borne by the tax payer. would be the numbers that would be done by the private sector. >> one of the critical things craig has said is we do not have a coordinated response where real using the same standards. you have the official flood maps -- where you are using the same standards. you have the official flood maps that would govern the investments we would make post- disaster. we are trying to use these new maps to ensure it not just fema is using the latest information but...
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Mar 18, 2013
03/13
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CNNW
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but the savings tax. essentially, a 6.75% tax on $131,000 and below. you get the picture. if you have $131,000 in the bank right now, and this thing gets approved tomorrow, if that happens, they would come in and take about $9,000 out of your account. even more if you have more. now, the plan is if you do this, you get shares of the bank, and then, jake, when everything gets fixed, theoretically, you get your money back and maybe some more. >> tom, you said cypriots. i said cyprus. >> we'll settle that later. >> thank you so much. >>> also leading money news, how bad are things for the ironically named carnival cruise lines? pretty bad. the company's latest troubled ship made it back to port without the toilets acting up, and that was the good news. the carnival legend arrived in tampa yesterday. passengers had a skip a stop in grand cayman and got a $100 refund. not a big deal, but the latest of pr icebergs for this company. here's the real doozy. when the cruise line gets in trouble, it's you who ends up getting soaked. "the lead's" erin mcpike is here with more. how is
but the savings tax. essentially, a 6.75% tax on $131,000 and below. you get the picture. if you have $131,000 in the bank right now, and this thing gets approved tomorrow, if that happens, they would come in and take about $9,000 out of your account. even more if you have more. now, the plan is if you do this, you get shares of the bank, and then, jake, when everything gets fixed, theoretically, you get your money back and maybe some more. >> tom, you said cypriots. i said cyprus....
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Mar 25, 2013
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the tocks on deposits will be determined today. 40 percent of people's money could be taxed. it's interesting. this is like a tax the rich kind of thing going on there. >> all of the russian have their money parkd in cyprus. they had an opportunity to save cyprus, not so productive there. if you have less than 130,000 dollars in that bank it is okay. it is safe and it goes to the biggest bank in cyprus the bank of cyprus. >> the good news it won't hurt or markets. >> cyprus isn't out of the woods just yet. moody agency warning it is still at risk of default and it can exit the euro. that could see the euro zone through out the entire content. they will have painful consequences for cyprus. the gdp will be negative for quite sometime. right now there is how much money can be taken out of the atm 100 euros a day. there's panic over there. >> stars are going through and we don't want to have it here. >> it is time to take a look at who is talking this morning we are looking at the continuing national debate on guns. new york city mayor on michael bloomberg announcing a $12 milli
the tocks on deposits will be determined today. 40 percent of people's money could be taxed. it's interesting. this is like a tax the rich kind of thing going on there. >> all of the russian have their money parkd in cyprus. they had an opportunity to save cyprus, not so productive there. if you have less than 130,000 dollars in that bank it is okay. it is safe and it goes to the biggest bank in cyprus the bank of cyprus. >> the good news it won't hurt or markets. >> cyprus...
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and the background of a guy who made it from scratch in the state of texas, which is -- you know low tax opportunity state. and you see the effect it's had on these two men, not that they wouldn't have those convictions anyway you can see it. >> bill: the nation is going to have to decide i think in the next four years what kind of country they want. because this is not going to be able to compromised. it's too big. brit hume, everybody, living large down there in miami. if you need any help, brit, call us tonight and we will help you out. directly ahead, a grizzly murder in colorado. will the woman beat the rap? there she is. big beef tonight. those reports after these messages. >> bill: in the impact segment tonight, shocking criminal trial in phoenix, arizona. 32-year-old jodi arias has been charged with first >> good morning across america and around the world. this is fox news special coverage of pope francis inauguration. it is 4:20 on the east coast, 120 on the west coast. 9:20 a.m. on an absolutely beautiful day on the eternal city. rained all day yesterday after raining all day
and the background of a guy who made it from scratch in the state of texas, which is -- you know low tax opportunity state. and you see the effect it's had on these two men, not that they wouldn't have those convictions anyway you can see it. >> bill: the nation is going to have to decide i think in the next four years what kind of country they want. because this is not going to be able to compromised. it's too big. brit hume, everybody, living large down there in miami. if you need any...
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Mar 20, 2013
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he despite the taxes. the economies in europe, particularly we're talking now about spain and italy, have been beaten down by the austerity programs. we, but we see them coming back slowly but surely in the second half. and fourt fourth and, the -- 2014 and equity markets tend to look ahead six months or so for those developments. david: let's hope it happens. bill, great to see you. thank you very much have. appreciate you coming in. >> okay. lauren: budget proposals everywhere but no deal in sight as the clock continues to tick. congress has one week left to come to a compromise and avert a government shutdown. we're live on capitol hill with the very latest. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just stay alive... but feel alive. the c-class is no exception. it's a mercedes-benz, through and through. see your authorized mercedes-benz aler for exceptional offers through mercedes-benz financial services. lauren: the h
he despite the taxes. the economies in europe, particularly we're talking now about spain and italy, have been beaten down by the austerity programs. we, but we see them coming back slowly but surely in the second half. and fourt fourth and, the -- 2014 and equity markets tend to look ahead six months or so for those developments. david: let's hope it happens. bill, great to see you. thank you very much have. appreciate you coming in. >> okay. lauren: budget proposals everywhere but no...
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Mar 22, 2013
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abortion, taxes, and bailouts. so democrats on the 2014 ballot including mary ahead expeditiously. >> the senate will come to order. >> so i would just let all senators know you leave at your own peril. >> and senator murray's budget is expected to come up for a vote late night tonight with 55 democrats in the senate. it is expected to have enough support, shep. >> shepard: some surprising amendments to this thing here? >> that's right. there was something called the marketplace fairness act that just got 75 votes. supporters say it is designed to level the playing field for traditional merchants trying to compete with those on the internet in terms of taxes and it did earn bipartisan support. >> i have a very conservative friend over here on the republican side who said to me i hate taxes but the one thing i hate worse is people who owe taxes who don't pay them. that's what this is about. after tonight's late night voting frenzy the senate will take a two week recess. shep? >> shepard: good for them. mike emanuel
abortion, taxes, and bailouts. so democrats on the 2014 ballot including mary ahead expeditiously. >> the senate will come to order. >> so i would just let all senators know you leave at your own peril. >> and senator murray's budget is expected to come up for a vote late night tonight with 55 democrats in the senate. it is expected to have enough support, shep. >> shepard: some surprising amendments to this thing here? >> that's right. there was something called...
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Mar 26, 2013
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get ready for taxes to go out of control. i don't see any way around it. don't believe me. look at them. look at all the government in all the countries that are coming up with all the creative ways to raise money. conservative and liberal governments alike. not a one to save money. you don't have to live on an island in mediterranean to know we're up a creek without a paddle. think about what they did there and what they are doing there? they seize bank accounts and they did it without nip pointing the finger at them. they made the banks the boogie men, the banks they ordered shut. put a cash on how much cash the customers withdrawal. what is the greek wood for chutzpah? it's a brilliant distraction. the government happily steals from both. a lot more on this on fox business network tonight. we're going to see what is exactly going on with the banks. the bank accounts. these poor folks who want to get their money. what is the greek word for screwed? >> greg: hello, everyone. i'm greg gutfeld with kimberly guilfoyle, bob beckel, eric bolling and she eats rainbows for breakf
get ready for taxes to go out of control. i don't see any way around it. don't believe me. look at them. look at all the government in all the countries that are coming up with all the creative ways to raise money. conservative and liberal governments alike. not a one to save money. you don't have to live on an island in mediterranean to know we're up a creek without a paddle. think about what they did there and what they are doing there? they seize bank accounts and they did it without nip...
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orbital sciences, a space company in virginia, with tax dollar seed money, launches a dummy capsule to the station in mid-april. if successful, the ship will begin to also haul carrying. more immediately in this week, two russians and an american astronaut will launch from kazakhstan, arriving in the space station in one day. a first for the russians to do it in one day. that will reduce costs and reduce discomfort for the true. that will double the residency population on the space station from three to six. they have a crowd. >> phil: thanks very much. usually big lotto winners end up with a team of attorneys and accounts and all kinds of stuff before they get in front of us. that's guy couldn't wait. immediate the nation's newest multimillion area. hundreds of times over. and thatlet to winner isn't the only one striking it rich. how this teenager turned a simple idea into a million bucks. ♪ you know my heart burns for you... ♪ i'm up next, but now i'm sging the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a
orbital sciences, a space company in virginia, with tax dollar seed money, launches a dummy capsule to the station in mid-april. if successful, the ship will begin to also haul carrying. more immediately in this week, two russians and an american astronaut will launch from kazakhstan, arriving in the space station in one day. a first for the russians to do it in one day. that will reduce costs and reduce discomfort for the true. that will double the residency population on the space station...
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Mar 18, 2013
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under the deal, anyone with a bank deposit in cypress will be taxed. that means everyone who is less than $130,000 in the bank will pay a one-time tax of 6.75%. anyone with more than that in savings will pay 9.9%. someone with $150,000 in the bank will be forced to give the government nearly $15,000. tonight the president of cypress spoke to the country, urging acceptance of the bailout in the interest of the nation. >> whatever contribution is made is not a complete loss because bonds will be offered to people for half of their contributions. the state recognizes its obligations. those who keep their main deposits in the bank for two years will get the bonds linked from revenue for natural gas deposits. it's not just cypress that should be worried. they account for 40% of bank deposits and most are from nonresident russians. those alone amount to more than $32 billion. >> it's a lose-lose situation. there will be a huge withdrawal from cypriot banks with or without a levee. >> if they decide to reject the bailout, and bearing in mind the mood of anger
under the deal, anyone with a bank deposit in cypress will be taxed. that means everyone who is less than $130,000 in the bank will pay a one-time tax of 6.75%. anyone with more than that in savings will pay 9.9%. someone with $150,000 in the bank will be forced to give the government nearly $15,000. tonight the president of cypress spoke to the country, urging acceptance of the bailout in the interest of the nation. >> whatever contribution is made is not a complete loss because bonds...
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Mar 22, 2013
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they take after-tax dollars from you, and then you get a tax-free when you get the benefits. well starting 20 some odd years ago they changed at that. that a lot of people, millions of people pay tax on social security benefits. they broke the original deal. the government changes rules all the time. how about inflation? the federal reserve wants 2 1/2% inflation. that is equivalent of 2.5% tax lowering your income. >> they just raised it a half percent to 2 1/2%. >> so what that means is, your real income goes down. so, especially lower income people get of the shafted because they pay more for food and fuel and electricity. and so their incomes go down. that is supposed to stimulate the economy. the fed can do it without legislation. david: when you think of all the different ways which this administration, obama administration is almost transfixed by the european model, whether it is in health care, obamacare, whether it is in the vast increase in the social welfare state, i'm just wondering if they now are looking to europe as a model for what to do with us? now we haven'
they take after-tax dollars from you, and then you get a tax-free when you get the benefits. well starting 20 some odd years ago they changed at that. that a lot of people, millions of people pay tax on social security benefits. they broke the original deal. the government changes rules all the time. how about inflation? the federal reserve wants 2 1/2% inflation. that is equivalent of 2.5% tax lowering your income. >> they just raised it a half percent to 2 1/2%. >> so what that...
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the president who acknowledged the need for undocumented workers to pay penalties and taxes also used the moment to make the case for a culture that embraces immigrants saying the country's economic future is at stake. >> immigration makes us stronger. it keeps us vibrant. it keeps us hungry. it keeps us prosperous. it is part of what makes this such a dynamic country. we've known for years that our immigration system is broken, that we're not doing enough to harness the talent and ingenuity of all of those who want to work hard and find a place in america. and after avoiding the problem for years, the time has come to fix it once and for all. >> a bipartisan group of eight senators hopes to have a plan drawn up by after easter. separately, senator ted cruz cast doubt on the negotiations. in an interview with the "dallas morning news" he said he believes the president wants the immigration reform effort to crater. that's so democrats can hammer republicans on the immigration issue in the 2014 midterm elections. cruz pointed to the controversial pathway to citizenship which he said wil
the president who acknowledged the need for undocumented workers to pay penalties and taxes also used the moment to make the case for a culture that embraces immigrants saying the country's economic future is at stake. >> immigration makes us stronger. it keeps us vibrant. it keeps us hungry. it keeps us prosperous. it is part of what makes this such a dynamic country. we've known for years that our immigration system is broken, that we're not doing enough to harness the talent and...
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while paul ryan drops the tax rate to 25%, rand paul calls for a 17% flat tax. both plans eliminate the tax on capital gains. and when it comes to shrinking the government, paul's budget follows in the footsteps of his father. >> the department of education, gone. interior, energy, hud, commerce, gone. later, bureaucrats. that's how ron paul rolls. >> rand closes four cabinet agencies, education, energy, commerce, and housing and urban development. and it privatizes the tsa. but where paul ryan has thus far been reluctant, rand paul goes there. rand paul raises the social security retirement age, privatizes medicare, and turns medicaid, food stamps, and other social safety net programs into block grants. but not everything is mana for the right flank. rand paul also spends $500 billion less on the military than paul ryan, in order to, as he put it, keep the large military complex of yesterday in check. "fox news sunday" host chris wallace asked the scion of the paul dynasty about his bipolar approach. >> do you think there's room for a realistic, feasible presid
while paul ryan drops the tax rate to 25%, rand paul calls for a 17% flat tax. both plans eliminate the tax on capital gains. and when it comes to shrinking the government, paul's budget follows in the footsteps of his father. >> the department of education, gone. interior, energy, hud, commerce, gone. later, bureaucrats. that's how ron paul rolls. >> rand closes four cabinet agencies, education, energy, commerce, and housing and urban development. and it privatizes the tsa. but...
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granting huge tax breaks, that has to be made up somewhere. the ryan budget repeals the affordable care act except they keep the projected savings in their budget projections. the $716 billion that we heard so much about in the election last year, paul ryan keeps the savings that obamacare would generate, but eliminates the benefits. the revenues that come from some of the taxes on medical devices and other things, they keep the revenue that comes from the affordable care act, but they want to cut the benefits. so thouis is really about an ideology. the wealthiest americans have essentially captured the republican caucus. and what we see in the ryan budgity or in anything that has to do with the affordable care act, anything that has to do with the smart investments that we know we need to get the economy growing again, those are off the table. big tax cuts for the wealthiest americans that has to be made up by somebody and we know who that somebody is. >> thank you for coming in. there is no huge surprise that the ryan budget overwhelmingly p
granting huge tax breaks, that has to be made up somewhere. the ryan budget repeals the affordable care act except they keep the projected savings in their budget projections. the $716 billion that we heard so much about in the election last year, paul ryan keeps the savings that obamacare would generate, but eliminates the benefits. the revenues that come from some of the taxes on medical devices and other things, they keep the revenue that comes from the affordable care act, but they want to...
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announcer: major tax stores advertise for preparers with no tax experience necessary. at turbotax, you only get answers from cpas, eas or tax attorneys. hey america, even though slisa rinna is wearing the depend silhouette briefs for charity to prove how great the fit is even under a fantastic dress. the best protection now looks, fits and feels just like underwear. we invite you to get a free sample and try one on too. ♪ 'cause germs don't stick on me ♪ [ female announcer ] band-aid brand has quiltvent technology with air channels to let boo boos breathe. [ giggles ] [ female announcer ] quiltvent technology, only from band-aid brand. use with neosporin first aid antibiotic. [ male announcer ] third shift is not just a beer; it's a story. a story about loving what you do. they say when you love your job, you never work a day in your life. you never work a night either. ♪ that's what brought the band of brewers together, to make a beer they're proud to call their own. ♪ introducing the gold-medal winning third shift amber lager. when beer is your calling, you n
announcer: major tax stores advertise for preparers with no tax experience necessary. at turbotax, you only get answers from cpas, eas or tax attorneys. hey america, even though slisa rinna is wearing the depend silhouette briefs for charity to prove how great the fit is even under a fantastic dress. the best protection now looks, fits and feels just like underwear. we invite you to get a free sample and try one on too. ♪ 'cause germs don't stick on me ♪ [ female announcer ] band-aid brand...
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Mar 18, 2013
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instead of taxing at 6.75%, the will tax at 3%. >> shepard: this is a bank holiday in cyprus. they were going to open tomorrow. then they decided to wait until wednesday or thursday. now looks like friday. and along the way, there was a plan to tax large amounts of money at something close to 10%, and then every day folks at something less. that's the part you said they've taken down. >> that's the part they're concerned with. they know they're making the people who live there angry. if you woke up tomorrow and saw your account -- your mother's account was being impacted like this, you would be desperately unhappy. i can't imagine what kind of reaction we would get here in the u.s. >> the concern is that cyprus does this, you have problem in italy and spain. and then there's a run on their banks. >> you don't know the impact here. it's the rule of law. you're not supposed to take things that aren't you're, especially if you're the government. that's why you saw the market solidly negative. i don't know how there's control over this. we'll be watching but deeply concerning to p
instead of taxing at 6.75%, the will tax at 3%. >> shepard: this is a bank holiday in cyprus. they were going to open tomorrow. then they decided to wait until wednesday or thursday. now looks like friday. and along the way, there was a plan to tax large amounts of money at something close to 10%, and then every day folks at something less. that's the part you said they've taken down. >> that's the part they're concerned with. they know they're making the people who live there...
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love big government who love big spending who love big entitlement who love big unions who love big taxes you can't spend money you don't have or print money you don't have when you have a gold standard so on a national basis i think it would be fantastic for the united states to go back on the gold standard because all the problems of america have occurred since one thousand nine hundred ninety one when richard nixon took us off the gold standard that are all the debt of this country cumulated and all you have seen spending and the obscene salaries of government pensions that are bankrupting this country now to texas i mean texas liz does everything right my book the ultimate obama survival guide actually has a key chapter about the state of texas and how fantastic things are going there and they've got the best economy in america they've now moved to number two size wise a condo in america it's one of the twenty biggest economies in the world and they've created more jobs in the last ten years then all the other forty united states combined they do things right and they're right to be s
love big government who love big spending who love big entitlement who love big unions who love big taxes you can't spend money you don't have or print money you don't have when you have a gold standard so on a national basis i think it would be fantastic for the united states to go back on the gold standard because all the problems of america have occurred since one thousand nine hundred ninety one when richard nixon took us off the gold standard that are all the debt of this country cumulated...
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many areas are forced to raise taxes to accommodate to the sequester cuts. do you have any plans for these cuts. >> i wish i could say things are going to be okay. americans are socialized in thinking there is frank capra capra-istic ending and the mean 'ol banker will see the errors of his ways and the town will pitch in. the fact of the matter is the only serious outcome of these cuts is more mass suffering from low income people. organizations like mine couldn't possibly think of compensating for this. look, every charitable meal distributed in america equals 1/ 1/20 of the meals funded by the government. we have a domestic peace corp program. we just learned that our program is going to be shut down in new york city over the next few months because the sequestration. we're hoping that there will be future funding down the line but right now soup kitchens and food pantries that were expecting to help and young people who were hoping to serve in their community are out of luck. that's the reality of what is happening today. the truth is with the exception
many areas are forced to raise taxes to accommodate to the sequester cuts. do you have any plans for these cuts. >> i wish i could say things are going to be okay. americans are socialized in thinking there is frank capra capra-istic ending and the mean 'ol banker will see the errors of his ways and the town will pitch in. the fact of the matter is the only serious outcome of these cuts is more mass suffering from low income people. organizations like mine couldn't possibly think of...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> while the focus in washington today is on the supreme court, lawmakers are keeping a very close eye on the gun control debate in the news that president obama may be taking his message on the road. joining me for the daily fix, my friend and colleague, "washington post" national political correspondent karen tumulty. we've had the assault weapons ban stripped out. we've had the ban on high-capacity magazines stripped out. and yet, we have mike lee, rand paul, ted cruz sending a letter to harry reid, the senate majority leader, threatening the possibility of a filibuster on gun control with people like oklahoma senator tom coburn saying the bill as it currently is, won't pass. does
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> while the focus in washington today is on the supreme court, lawmakers are keeping a very close eye on the gun control debate in the news that president...
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how are folks reacting to the deal where only the big money gets taxed? reporter: crazy stuff, shep. the president of cyprus was just on tv. he defended his actions and also asked the citizens of cyprus to stay calm. that could be difficult. they're grateful there in fact was a bailout put in place and bankruptcy was averted, but they're concerned about the high cost, not only that the banks shut down but a broader slowdown is feared, and the most worrying aspect of the deal, a seizure of private bank assets. it's true that the smaller depositors won't be touched, but when i talk to people in the streets, they're saying if the big guys can get hit. they will be hit next time. >> shepard: apparently not. the bank -- only the banks with big trouble are still shut town. when do they open? reporter: everything is closed down right now, shep. the word we're getting -- we had this confirmed -- many banks will open tomorrow. but there will be restrictions put in place. there is real fear of a run on those banks. and in fact they're already limits on atms if they
how are folks reacting to the deal where only the big money gets taxed? reporter: crazy stuff, shep. the president of cyprus was just on tv. he defended his actions and also asked the citizens of cyprus to stay calm. that could be difficult. they're grateful there in fact was a bailout put in place and bankruptcy was averted, but they're concerned about the high cost, not only that the banks shut down but a broader slowdown is feared, and the most worrying aspect of the deal, a seizure of...